Examples of Endeavour SubCo in a sentence
Endeavour SubCo is duly incorporated and validly existing under the laws of British Columbia and has full corporate power and capacity to own its assets and conduct its business as now owned and conducted.
Such issued and outstanding Endeavour SubCo Common Share has been duly authorized and is validly issued, fully paid and non-assessable.
The undersigned acknowledges the overriding Retraction Call Right of Endeavour SubCo and Endeavour Gold to purchase all but not less than all the Retracted Shares from the undersigned and that this notice is and shall be deemed to be a revocable offer by the undersigned to sell the Retracted Shares to Endeavour SubCo or Endeavour Gold in accordance with the Retraction Call Right on the Retraction Date for the Purchase Price and on the other terms and conditions set out in Article 6 of the Share Provisions.
Provided that Endeavour SubCo or Endeavour Gold has complied with Section 6.4, the closing of the purchase and sale of the Retracted Shares pursuant to the Retraction Call Right shall be deemed to have occurred as at the close of business on the Retraction Date and, for greater certainty, no redemption by Avion of such Retracted Shares shall take place on the Retraction Date.
Ac- cording to [26], group affect and leadership (influential person) are correlated.
To the extent that Endeavour SubCo or Endeavour Gold pays the Dividend Amount in respect of the Retracted Shares, Avion shall no longer be obligated to pay any declared and unpaid dividends on such Retracted Shares.
If Endeavour SubCo or Endeavour Gold delivers the Endeavour Call Notice within such five Business Day period, and provided that the Retraction Request is not revoked by the holder in the manner specified in Section 6.7, the Retraction Request shall thereupon be considered only to be an offer by the holder to sell the Retracted Shares to Endeavour SubCo or Endeavour Gold, as applicable, in accordance with the Retraction Call Right.
If neither Endeavour SubCo nor Endeavour Gold so notifies Avion within such five Business Day period, Avion will notify the holder as soon as possible thereafter that neither Endeavour SubCo nor Endeavour Gold will exercise the Retraction Call Right.
SubCo covenant in favour of Avion that on or prior to the Effective Date: (a) Endeavour, Endeavour Cayman, Endeavour Gold and Endeavour SubCo shall execute and deliver the Voting and Exchange Trust Agreement; and (b) Endeavour, Endeavour Cayman, Endeavour Gold and Endeavour SubCo shall execute and deliver the Exchange Share Support Agreement.
Endeavour SubCo will, prior to the Effective Time, be duly qualified to carry on business and will be in good standing in each jurisdiction in which the character of its properties or the nature of its activities makes such qualification necessary, except where the failure to be so qualified will not, individually or in the aggregate, have an Endeavour Material Adverse Effect.